Monday, February 18, 2019
All News
Babcock & Wilcox to Webcast Discussion of Its Fourth Quarter 2016 Results
February 1, 2017
CHARLOTTE, N.C.--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (the “Company”) expects to webcast a discussion of its fourth quarter 2016 results on Wednesday, March 1, 2017 at 8:30 a.m. EST. Chairman and Chief Executive Officer E. James (Jim) Ferland and Senior Vice President & Chief Financial Officer Jenny L.
Triumph Appoints New Business Development Lead
February 1, 2017
BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group (NYSE:TGI) today announced that Gary Tenison is joining the company as its Vice President of Business Development effective February 13, 2017. Tenison joins Triumph from Kaman Aerospace Corporation, where he last served as Vice President of Marketing and Business Development. He brings more than 30 years
PTC Promotes Craig Hayman to Chief Operating Officer
February 1, 2017
NEEDHAM, Mass.--(BUSINESS WIRE)--PTC (NASDAQ: PTC) today announced the appointment of Craig Hayman to a newly created role of chief operating officer (COO), effective immediately. Hayman has served as group president of the Solutions Group at PTC since late 2015. In this new COO role, Hayman will be responsible for engineering, marketing, and sales
Arconic Chairman and CEO Klaus Kleinfeld to Present at Cowen and Company’s 38th Annual
February 1, 2017
NEW YORK--(BUSINESS WIRE)--Arconic Inc. (NYSE: ARNC) announced today that Chairman and Chief Executive Officer Klaus Kleinfeld will present at Cowen and Company’s 38th Annual Aerospace/Defense & Industrials Conference on Wednesday, February 8, 2017 in New York. Mr. Kleinfeld’s presentation will begin at 2:50 PM EST. The presentation
CACI Reports Results for Its Fiscal 2017 Second Quarter
February 1, 2017
ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI), a leading information solutions and services provider to the federal government, announced results today for its second fiscal quarter ended December 31, 2016. CEO Commentary and Outlook Ken Asbury, CACI’s President and CEO, said, “We had excellent operational,
Nestlé USA to Bring Major Functions and 300 Jobs to Its Solon, Ohio Campus
February 1, 2017
SOLON, Ohio--(BUSINESS WIRE)--Nestlé USA, a subsidiary of Nestlé S.A., a leading global nutrition, health and wellness company, today announced that it will move its Technical & Production organization and all Supply Chain teams to its multi-functional Solon, Ohio campus. This decision moves these critical functions closer to
Nordson Corporation Acquires Plas-Pak Industries, Inc.
February 1, 2017
WESTLAKE, Ohio--(BUSINESS WIRE)--Nordson Corporation (Nasdaq: NDSN) has acquired Plas-Pak Industries, Inc., a Norwich, Connecticut designer and manufacturer of injection molded, single-use plastic dispensing and packaging products including two-component (2K) cartridges for industrial and commercial do-it-yourself (DIY) adhesives, dial-a-dose
Enviva Partners, LP Announces Sixth Consecutive Distribution Increase
February 1, 2017
BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (the “Partnership” or “we”) announced today that the board of directors of its general partner declared a quarterly distribution of $0.5350 per common and subordinated unit for the fourth quarter of 2016, representing a $0.005 increase from the
Columbia Sportswear Company to Announce Fourth Quarter and Full Year 2016 Financial Results On
February 1, 2017
PORTLAND, Ore.--(BUSINESS WIRE)--Columbia Sportswear Company (Nasdaq: COLM) plans to release financial results of its fourth quarter and full year 2016 at approximately 4:00 p.m. ET on Thursday, February 9, 2017. At approximately 4:15 p.m. ET, a commentary by Tom Cusick, Executive Vice President and Chief Financial Officer, reviewing the company's
Materion Corporation Announces Annual Meeting Date and Declares Dividend
February 1, 2017
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today announced March 7, 2017 as the record date for shareholders' voting at its Annual Meeting to be held in Cleveland, Ohio on May 3, 2017. DIVIDEND The Company also announced today the declaration of its first quarter dividend of $0.095 per share payable on March 3, 2017
Entercoms to Partner with Siemens PLM Software
February 1, 2017
IRVING, Texas--(BUSINESS WIRE)--Entercoms today announced that it has partnered with Siemens PLM Software for go-to market offerings to provide joint solution bundles, Siemens PLM software and services to current and prospective clients. Under this agreement, Entercoms and Siemens would invest and build joint solution bundles, creating and
Revolutionary Skin Protectant Finally Gives Nurses the Power to Stop, Reverse and Prevent
February 1, 2017
ST. PAUL, Minn.--(BUSINESS WIRE)--As our aging population grows, nurses are continuing to see more instances of tough-to-manage skin breakdown due to incontinence. Skin damage associated with urine and/or fecal exposure, otherwise known as incontinence associated dermatitis (IAD), is a resource-intensive condition that can be very painful for
R.L. Schreiber, Inc. Completes Strategic Growth Plan, Announces Additional $1.6 Million Investment
February 1, 2017
POMPANO BEACH, Fla.--(BUSINESS WIRE)--R.L. Schreiber, Inc., a family owned manufacturer and distributor of professional flavor solutions, announces its plan to invest an additional $1.6 million in 2017 to further enhance its network of over 100 independent distributors. This investment will fund upgraded field technology, greater marketing support,
Prince William County Logs $1.3 Billion of Intended Capital Investment and 596 New Jobs from
February 1, 2017
PRINCE WILLIAM COUNTY, Va.--(BUSINESS WIRE)--Prince William County, one of Virginia’s largest and fastest growing counties, today announced it logged $1.3 billion in intended capital investment, added 596 new jobs and retained 80 existing jobs from 23 economic development projects in calendar year 2016. The 23 projects consisted of 18 new
ParkOhio Announces Quarterly Dividend
February 1, 2017
CLEVELAND, OHIO--(BUSINESS WIRE)--The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on March 1, 2017, to shareholders of record as of the close of business on February 15, 2017. ParkOhio is a diversified international company
QAD Named 2017 Global Excellence Awards® Finalist
February 1, 2017
SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services for global manufacturing companies, today announced that it is a finalist in Info Security Products Guide’s 2017 Global Excellence Awards® in the Compliance category. These prestigious global awards
USG Corporation Reports Fourth Quarter and Full Year 2016 Results and Announces $250 Million Share
February 1, 2017
CHICAGO--(BUSINESS WIRE)--USG Corporation (NYSE:USG), an industry leading manufacturer of building products and innovative solutions, today reported results for the fourth quarter and full year of 2016. The company also announced a $250 million share repurchase program. “We are in a stronger financial position than we have been in for many
NatureWorks Partners with the Ellen MacArthur Foundation to Support the Foundation’s New Plastics
February 1, 2017
MINNETONKA, Minn.--(BUSINESS WIRE)--NatureWorks has formalized its engagement with the Ellen MacArthur Foundation’s New Plastics Economy initiative by finalizing a three-year partnership agreement. The foundation’s initiative, which was first elucidated last year in a joint report with the World Economic Forum and analytical support
Vertex Wireless Acquires Conversa Solutions, a leading engineering and software development firm
February 1, 2017
WEST CHICAGO, Ill.--(BUSINESS WIRE)--Vertex Wireless, a leading distributor serving the wireless industry, has recently completed the acquisition of Conversa Solutions, an engineering services and software development firm based in Orion, Michigan. Conversa specializes in customized engineering projects such as Android OS modifications, Software
CORRECTING and REPLACING PHOTO Patheon Announces Completion of its Acquisition of State-of-the-Art
February 1, 2017
DURHAM, N.C.--(BUSINESS WIRE)--Please replace the photo with the accompanying corrected photo. The release reads: PATHEON ANNOUNCES COMPLETION OF ITS ACQUISITION OF STATE-OF-THE-ART MANUFACTURING SITE Company Gains Additional API Capacity and Major Supply Agreement with Roche Patheon N.V (NYSE: PTHN), a leading global provider of high-quality drug
Sea-Land Chemical Co., Specialty Chemical Distributor, Announces Internal Promotion
February 1, 2017
WESTLAKE, Ohio--(BUSINESS WIRE)--Sea-Land Chemical Co. is pleased to announce the promotion of Matthew Mapus to the position of Director of Marketing. In his new leadership role, Mapus is responsible for supporting revenue growth through execution of the company marketing strategy, as well as management of the marketing, product management,
NI Upgrades Oscilloscope and Function Generator Performance for VirtualBench All-in-One Instrument
February 1, 2017
AUSTIN, Texas--(BUSINESS WIRE)--NI (Nasdaq: NATI), the provider of platform-based systems that enable engineers and scientists to solve the world’s greatest engineering challenges, announced today the VB-8054 instrument, a new higher performance model of VirtualBench. VirtualBench plays a key role in reducing the cost and footprint of test
Arizona Polymer Flooring Hires Industrial Sales Representative for Southeastern United States
February 1, 2017
PHOENIX--(BUSINESS WIRE)--Arizona Polymer Flooring (APF), a manufacturer of high-performance flooring products and concrete coating systems, announced Grant Huber joins the company as a sales representative overseeing the Southeastern United States. He is focused on building relationships with contractors, architects and end-users in the industrial
Molex Launches BiPass™ I/O and Backplane Cable Assemblies at DesignCon 2017
February 1, 2017
LISLE, Ill.--(BUSINESS WIRE)--Molex will debut its new BiPass™ I/O and Backplane Cable Assemblies in Molex booth 619 at the DesignCon 2017 Expo, to be held February 1-2 at the Santa Clara Convention Center in Santa Clara, CA. Combining QSFP+, Impel™ or near-ASIC connectors with thin twinax cables, the BiPass I/O and Backplane Assemblies
Nordson Corporation Announces Earnings Release and Webcast for First Quarter Fiscal Year 2017
February 1, 2017
WESTLAKE, Ohio--(BUSINESS WIRE)--Nordson Corporation (Nasdaq: NDSN) today announced it will release first quarter fiscal year 2017 earnings on Monday, February 20, 2017 after the close of the market. Nordson will host its quarterly webcast on Tuesday, February 21, 2017. Date:   February 21, 2017 Time: 8:30 AM ET Listen via Internet:
Ecolab Closes on Purchase of Anios
February 1, 2017
ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab Inc. announced today that it has closed on its previously announced acquisition of Laboratoires Anios. Based in Lille, France, Anios is a leading hygiene and disinfection products manufacturer primarily for the healthcare market. 2016 sales of the acquired business were approximately €228 million ($245
Praxair Starts Up Hydrogen Facility for The Dow Chemical Company in U.S. Gulf Coast; Signs Long-Term
February 1, 2017
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE:PX) announced it has started up a hydrogen facility that will recover by-product streams from The Dow Chemical Company’s (Dow) Freeport, Texas operations. Under a long-term contract, Praxair is supplying high-purity hydrogen back to Dow in order to meet the company’s needs across
Ford F-Series, SUVs and Lincoln Drive January Retail Sales Gains; Overall U.S. Sales Down 1 Percent
February 1, 2017
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company’s U.S. retail sales of 120,400 vehicles are up 6 percent in January, while total sales declined 1 percent. Fleet sales of 52,212 vehicles, including daily rental, commercial and government segments, declined 13 percent. The fleet decline reflects a strong year-ago comparison, with fleet
Emerson Closes on the Sale of Leroy-Somer and Control Techniques to Nidec Corp
February 1, 2017
ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR) announced that the sale of its Leroy-Somer and Control Techniques businesses to Nidec Corporation has been completed for a purchase price of $1.2 billion. The deal strengthens Emerson’s balance sheet and increases the company’s capacity for investment. “This transaction marks another
Space Florida Names FedEx Preferred Logistics Provider
February 1, 2017
MEMPHIS, Tenn.--(BUSINESS WIRE)--Space Florida today announced that it has named FedEx as its preferred provider of logistics, transportation and cargo related services. Space Florida maintains and operates the historic launch and landing strip—15,000 feet long and 300 feet wide—at the Shuttle Landing Facility at Kennedy Space Center
EnvisionTEC Celebrates 15th Anniversary as a Leading Manufacturer of 3D Printers and Materials
February 1, 2017
DEARBORN, Mich.--(BUSINESS WIRE)--In celebration of its 15th year anniversary, EnvisionTEC has planned for a full year of activities that will include a new look for its brand, new products, a social media contest and the launch of an E-Team user community. The company’s “15 Years Better” campaign will culminate with an open house
L3 Appoints Richard Foster as Corporate Vice President of Canada Operations
February 1, 2017
NEW YORK--(BUSINESS WIRE)--L3 Technologies (NYSE:LLL) announced today that it has appointed Richard Foster as corporate Vice President of Canada Operations. Based in Ottawa, Mr. Foster will be responsible for overseeing all of L3’s Canadian business and coordinating with the business development team to broaden L3 Canada’s customer
Thomas E. (Tom) Salmon Appointed Berry Plastic Group's Chief Executive Officer
February 1, 2017
EVANSVILLE, Ind.--(BUSINESS WIRE)--The Board of Directors of Berry Plastics Group, Inc. (NYSE: BERY) announced today that it has unanimously elected Thomas E. (Tom) Salmon as the Company’s Chief Executive Officer and appointed him to the Board of Directors, effective February 3, 2017. Salmon, who most recently served as the Company’s
Avery Dennison Declares Quarterly Dividend
February 1, 2017
GLENDALE, Calif.--(BUSINESS WIRE)--The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.41 per share. The dividend is payable March 15, 2017, to shareholders of record on March 1, 2017. About Avery Dennison Avery Dennison (NYSE: AVY) is a global leader in pressure-sensitive and functional
Avery Dennison Announces Fourth Quarter and Full Year 2016 Results
February 1, 2017
GLENDALE, Calif.--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its fourth quarter and year ended December 31, 2016. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise indicated, comparisons are to the same periods in
Jacobs Providing Strategic Policy Development Support to Transport for London
February 1, 2017
DALLAS--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded a two-year contract by Transport for London (TfL) to provide integrated impact assessment (IIA) services to support development and finalization of the revised Mayor’s Transport Strategy (MTS) for London, United Kingdom. The MTS is one of the key plans for the
CACI Awarded Prime Position on $47 Million Multiple-Award Contract to Support Army Night Vision and
February 1, 2017
ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE:CACI) announced today that it has been awarded a prime position on a multiple-award, indefinite delivery/indefinite quantity contract, with a ceiling value of $47 million, to support the U.S. Army's Research Development and Engineering Command (RDECOM) Communications-Electronics Research
Xometry Secures Investment from GE Ventures
February 1, 2017
GAITHERSBURG, Md.--(BUSINESS WIRE)--Xometry, the leading on-demand manufacturing marketplace, has secured new funding from GE Ventures and existing investors, including Highland Capital Partners, to reach a total of $23 million raised. The infusion of capital will allow Xometry to accelerate investment in its software platform powering its
Axalta Coating Systems to Acquire Century Industrial Coatings
February 1, 2017
PHILADELPHIA--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced today that it has entered into an agreement to acquire Century Industrial Coatings, a leading manufacturer of high performance industrial coatings for structural steel, oil and gas, rail cars and other OEM
Littelfuse Reports Fourth Quarter and Full Year Results
February 1, 2017
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ:LFUS) today reported financial results for the fourth quarter and full year ended December 31, 2016. Fourth Quarter 2016 Highlights Net sales were $284.5 million, up 29% versus the prior year period. Excluding revenue from acquisitions, e-house business divestiture and the extra week in the fourth
Celanese to Acquire Nilit Plastics Division Nylon Compounding Business
February 1, 2017
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, and Nilit, a major independent producer of high performance nylon polymers, fibers and compounds, today announced they have signed a definitive agreement for Celanese to acquire Nilit Plastics, the nylon compounding division of Nilit.
Milacron Holdings Corp. Announces Pricing of Sale of 12,000,000 Shares of Common Stock by Selling
February 1, 2017
CINCINNATI--(BUSINESS WIRE)--Milacron Holdings Corp. (NYSE:MCRN) (the “Company”), a leading industrial technology company serving the plastic processing industry, today announced the pricing of a public offering of 12,000,000 shares of its common stock by certain selling stockholders at a public offering price of $16.25 per share. In
Dent Zone Companies Announces Formation of Nobilis Group; New Entity Encompasses Dent Zone,
February 1, 2017
IRVING, Texas--(BUSINESS WIRE)--Dent Zone Companies, a leader in Paintless Dent Repair (PDR) for more than a quarter century, has announced the formation of Nobilis Group, a new entity consisting of its Dent Zone, AutoBodyGuard and PDR LINX lines of business. Since 1991, Dent Zone has set the industry standard in paintless dent repair in launching
Sensient Announces Conference Call
February 1, 2017
MILWAUKEE--(BUSINESS WIRE)--Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2016 fourth quarter and year end results at 10:00 a.m. CST on Friday, February 10, 2017. To participate in the conference call, contact InterCall Teleconferencing at (888) 818-9025 and refer to conference identification number
CEMEX and QUIKRETE Finalize Sale of U.S. Reinforced Concrete Pipe Manufacturing Business
January 31, 2017
MONTERREY, Mexico--(BUSINESS WIRE)--Cemex, S.A.B. de C.V. (“CEMEX”) (NYSE:CX) announced today that one of its subsidiaries in the U.S. has closed the divestment of its U.S. Reinforced Concrete Pipe Manufacturing Business to Quikrete Holdings, Inc. for approximately U.S.$500 million. The transaction also includes a potential addition of
General Cable Declares Dividend
January 31, 2017
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE: BGC) announced today that its Board of Directors declared a quarterly dividend of $0.18 per share on all outstanding common shares. The dividend is payable on March 31, 2017, to all common shareholders of record at the close of business on March 10, 2017. General Cable
NewMarket Corporation Reports Fourth Quarter and Full Year 2016 Results
January 31, 2017
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company’s operations for the fourth quarter and full year 2016. Net income for the fourth quarter of 2016 was $45.7 million, or $3.86 per share, compared to net income of
Silgan Announces 2016 Earnings; Expects Double Digit Earnings Growth in 2017
January 31, 2017
STAMFORD, Conn.--(BUSINESS WIRE)--Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of rigid packaging for consumer goods products, today reported full year 2016 net income of $153.4 million, or $2.55 per diluted share, as compared to full year 2015 net income of $172.4 million, or $2.81 per diluted share. “In 2016, we posted adjusted
SIFCO Industries, Inc. (“SIFCO”) Announces First Quarter Fiscal 2017 Financial Results
January 31, 2017
CLEVELAND--(BUSINESS WIRE)--SIFCO Industries, Inc. (NYSE MKT: SIF) today announced financial results for its first quarter of fiscal 2017, which ended December 31, 2016. First Quarter Net sales from operations in the first quarter of fiscal 2017 increased 15.9% to $31.5 million, compared with $27.2 million in the first quarter of fiscal 2016. Loss
Rockwell Collins Declares Regular Quarterly Dividend
January 31, 2017
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--The Board of Directors of Rockwell Collins (NYSE: COL) has declared a quarterly dividend of 33 cents per share on its common stock, payable March 6, 2017, to shareholders of record at the close of business on February 13, 2017. About Rockwell Collins Rockwell Collins is a pioneer in the development and